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Topic: Who Agrees with Me? - page 2. (Read 2989 times)

member
Activity: 504
Merit: 10
October 04, 2018, 05:12:51 AM
I am agree with you by convert money with altcoin than bitcoin, when altcoin raised up we can sell and convert to bitcoin, we get double profit by altcoin it self and we can earn other by sell with bitcoin.
hero member
Activity: 924
Merit: 500
October 04, 2018, 05:09:27 AM
When Bitcoin goes up almost every altcoin goes up because people see all cryptocurrencies as a one piece and they trading it as a one piece. Thats the reason Smiley.
newbie
Activity: 266
Merit: 0
October 04, 2018, 05:05:40 AM
That's logical as Altcoins are influenced by Bitcoin
jr. member
Activity: 126
Merit: 2
October 04, 2018, 04:53:30 AM
Yes you are right there is this tendency and it is quite understandable when people want bitcoin they sell altcoins or bring new money into the market. Also when you need altcoins, people are selling bitcoin and its price falls.
full member
Activity: 1092
Merit: 117
October 04, 2018, 04:43:49 AM
I don't know where you guys have obverved this pattern where altcoins goes up when bitcoin goes down because from what I have seen everything goes in the same direction with bitcoin. So when bitcoin starts to go up every coin in the market also starts to change its direction and go up. The same thing happens when the bitcoin starts to fall, all the market is also red.This applies to 98% of the market because there are some particular coins that go up even though the market goes down.
sr. member
Activity: 560
Merit: 250
October 04, 2018, 04:09:52 AM
Yes, everyone knows who knows anything about this matter. Especially it is possible to look it on a site coinmarketcap there it is written BTC Dominance: 52.4% here from this all proceed on the auctions in the market. Most likely bitcoin dominance should reach at least 65% then roll back like it was last year. Although he is now a little rolled back from last week.

In the past, many people have been worried that Bitcoin will dominate the market by about 30%. They concluded that Bitcoin was about to be hit by another altcoin, and I was worried. And think about how it would have been if it had happened, but luckily Bitcoin regained its absolute dominance.
full member
Activity: 419
Merit: 100
October 04, 2018, 03:18:43 AM
So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?
I don’t notice that. The only thing I have noticed is that the price of altcoins falls when the price of Bitcoin is pumped and they also continue to fall when the price of Bitcoin starts to fall. The coins that will usually follow bitcoin up is ETH, Ripple, Bitcoin Cash, Litecoin and all those top coins in the market. But for the rest, they usually fall because investors tend to go for top coins when there is a bubble.
copper member
Activity: 196
Merit: 0
October 03, 2018, 06:48:18 AM
I do not really trust different market analyzes. Especially when it refers to cryptocurrency. When all people see one thing, the opposite happens. It is not in the interest of the whales of the market to give money to most people.
full member
Activity: 378
Merit: 102
October 03, 2018, 06:38:44 AM
So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?
This is a well-known pattern in the cryptocurrency market, the growth of bitcoin usually ends with a flat and at this time the growth of altcoins begins.
copper member
Activity: 85
Merit: 0
FinanceX Exchange
October 03, 2018, 06:27:08 AM
Same here but sometimes we need to be very careful to analyze. Can not follow that rule all the time.
jr. member
Activity: 280
Merit: 3
October 03, 2018, 06:16:57 AM
So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

not exactly. When bitcoin goes up, altcoins go usually too. It's true that btc dominance is increasing, which is only natural, but it doesn't mean that btc price goes up and alts to mininum.
full member
Activity: 164
Merit: 100
Look ARROUND!
October 03, 2018, 06:11:45 AM
It is logical movement. When people have raised some money, due to the BTC price increase, they are selling their BTC and buy some alts, that have not pumped yet, with the hope, to get more profits. It does not work every time, but it is a great strategy.
member
Activity: 322
Merit: 10
homt.net
October 03, 2018, 06:10:47 AM
So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?
I also noticed this kind situation. When the price of bitcoin is raising up, it will give the good impact on altcoins. I hope the bitcoin will be higher and higher. So it will give so many benefits for people.
member
Activity: 294
Merit: 10
October 03, 2018, 05:57:49 AM
I absolutely agree with this statement. After all, BTC has a significant impact on the overall situation in the crypto market. Indeed, today the altcoins largely depend on the prices and dynamics of Bitcoin.
member
Activity: 280
Merit: 10
October 03, 2018, 12:38:40 AM
So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

Yes, I also noticed this situation in the modern crypto market. In many respects, due to the fact that during the growth of BTC prices, investors receive additional income. Therefore, they receive the necessary resources to purchase and invest in various prospects for altcoins, which positively affects their price.
member
Activity: 268
Merit: 10
October 01, 2018, 02:41:24 AM
Yes, I also regularly noticed this situation on the market. When BTC prices start to go up, the situation for altcoins really improves. It seems to me that with the rise in price of BTC, investors receive additional income, which they can invest in the purchase of promising altcoins.
jr. member
Activity: 210
Merit: 1
September 27, 2018, 12:57:04 PM
The market law is like this, and every time it is, this situation will continue until the BTC price stabilizes.


I agree with you mate, bitcoin price will be stabilized soon besides from its up and down market condition, because there are many succeesful expert investors who really working on it due to large of money involved here in bitcoin world of investment. So there's no way that we don't agree the good benefits of bitcoin in the long run of investing.
sr. member
Activity: 646
Merit: 252
September 27, 2018, 05:21:20 AM

Yes, that's right. Altcoin is influenced by Bitcoin. It seems to me that prices for Altcoins are growing only when the price of Bitcoins is stabilized.

Yes I agree, as we know that bitcoin marketcap when it reaches more than 53%, bitcoin becomes the standard price for altcoins because most of it is trading with fiat, when the price of bitcoin goes up then the price of altcoins rises and vice versa.
full member
Activity: 462
Merit: 103
September 27, 2018, 05:13:35 AM
Yes, everyone knows who knows anything about this matter. Especially it is possible to look it on a site coinmarketcap there it is written BTC Dominance: 52.4% here from this all proceed on the auctions in the market. Most likely bitcoin dominance should reach at least 65% then roll back like it was last year. Although he is now a little rolled back from last week.
member
Activity: 434
Merit: 10
September 27, 2018, 05:07:05 AM
The market law is like this, and every time it is, this situation will continue until the BTC price stabilizes.
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